Abrasives Market Size, Share and Forecast 2021-2027

The global abrasives market is anticipated to grow at a CAGR of 3.8% during the forecast period (2021-2027). The abrasives market has witnessed impressive growth over the past few decades. The rising mergers and acquisitions among key market players to expand their product offerings and manufacturing units is the factor driving the growth of the global abrasives market. Some of the recent mergers & acquisitions in the abrasives market include the acquisition of 10,000 equity shares of Orient Advanced Materials by Orient Abrasives among others. In June 2021, Orient Abrasives Ltd. has approved the acquisition of 10,000 equity shares of Rs10 each of Orient Advanced Materials Private Ltd. (formerly known as KMM Consultancy Pvt. Ltd.) to expand its business by developing a separate product line for abrasives.

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In the same month, Irvine, CA-based Continental Abrasives has acquired the Edmar Abrasive Company. The deal gains Continental a supplier of premium diamond products and reinforced abrasive blades for the construction, stone and metal fabrication industries. Edmar has been an abrasives industry pioneer over the years. This acquisition will promote Continental to grow into the construction and specialty diamond markets by taking benefits of using Edmar technology. Such type of mergers & acquisition for the expansion of product line or to expand geographical reach is a key factor driving the growth of the global abrasives market. 

 Market Coverage

·                  The market number available for – 2020-2027

·                  Base year- 2020

·                  Forecast period- 2021-2027

Segment Covered- 

·                  By Raw Material

·                  By Product Type

·                  By End-User Industry

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

·        Competitive Landscape- 3M Company, Abrasiflex Pty Ltd., Asahi Diamond Industrial Co., Ltd., Carborundum Universal Ltd., Deerfos Co., Ltd, Flexovit

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A full Report of Abrasives Market is Available at:  https://www.omrglobal.com/industry-reports/abrasives-market

Key questions addressed by the report

·                  What is the market growth rate?

·                  Which segment and region dominate the market in the base year?

·                  Which segment and region will project the fastest growth in the market?

·                  How COVID-19 impacted the market?

·                  Deviation from the pre-COVID-19 forecast

·                  Most affected region and segment

·                  Who is the leader in the market?

·                  How players are addressing challenges to sustain growth?

·                  Where is the investment opportunity?

Global Abrasives Market Report Segment

By Raw Material 

·                  Natural

·                  Synthetic

·                  By Product Type 

·                  Coated

·                  Bonded 

·                  Super

By End-User Industry

·                  Automotive

·                  Machinery

·                  Aerospace

·                  Metal Fabrication

·                  Electrical & Electronics Equipment

·                  Other

Global Abrasives Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of The World

·                  Latin America 

·                  Middle East & Africa

Company Profiles 

·                  3M Company

·                  Abrasiflex Pty Ltd.

·                  Asahi Diamond Industrial Co., Ltd.

·                  Carborundum Universal Ltd.

·                  Deerfos Co., Ltd

·                  Flexovit

·                  Fujimi Inc.

·                  Henkel Ag & Co. Kgaa

·                  Hindustan Abrasives

·                  Nippon Resibon Corp.

·                  Noritake Co. Ltd.

·                  Orient Abrasives

·                  Robert Bosch Gmbh

·                  Saint-Gobain Abrasives, Inc.

·                  SAK Industries

·                  Sankyo-Rikagaku Co., Ltd.

·                  Sterling Abrasives Ltd. (SAL)

·                  Tyrolit Group

·                  Welcast Steels Ltd.

·                  Wendt India Ltd.

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

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Contact Person: Mr. Anurag Tiwari

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